Business Directories

Qatar's Qatra for Investment & Development (QID Group) and Hamad Bin Suhaim Enterprises have signed an initial deal to acquire 49 per cent of China's Shandong Dongming Petrochemical Group worth $5 billion, executives from the firms

Borse Dubai has today sold its shareholding in London Stock Exchange Group (LSE), representing approximately 17.4 per cent of the share capital in the company.
The sale was made through a block sale managed by BofA Merrill Lynch,

Chief executive of Etihad Airways has indicated that the Abu Dhabi-based airline would be willing to sell its stake in Aer Lingus Group, if the Irish government backs the offer made by International Airlines Group for the Dublin-based carrier, t

Abu Dhabi's International Petroleum Investment Company (IPIC), which has a 64 per cent stake in plastics products maker Borealis, is not in talks to buy Austrian energy company OMV's 36 per cent stake, said a top official.

Abu Dhabi's International Petroleum Investment Company (IPIC), which has a 64 per cent stake in plastics products maker Borealis, is not in talks to buy Austrian energy company OMV's 36 per cent stake, said a top official.

Oger Telecom, 35-per cent owned by Saudi Telecom, is looking at the possibility of selling its majority stake in Cell C, South Africa's third-largest mobile telecoms network operator, said its chairman.
Goldman Sachs has been

Air France-KLM will launch a sale of its catering unit Servair soon, seen worth up to around €400 million ($435 million), and has mandated BNP Paribas to manage the deal, sources familiar with the matter told Reuters.
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Chinese conglomerate Fosun International said it bought a five per cent stake in British travel group Thomas Cook Group, deepening its foray into Europe's tourism sector after buying French holiday maker Club Med last month.
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